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Image Credit: Baystreet

Futures Fall as Tariff Threats Weigh on Sentiment

  • Futures linked to Canada's main stock index fell on Monday due to the latest threat of U.S. tariffs, impacting investor risk appetite.
  • U.S. President Trump announced tariff threats on imports from the EU, Mexico, and Canada, affecting market sentiment.
  • Statistics Canada reported a slight increase in wholesale trade, while markets are optimistic about second-quarter earnings season starting this week.
  • Futures for major U.S. indices dropped initially on tariff fears but recovered slightly; Investors are closely monitoring tariff developments, inflation readings, and upcoming earnings reports.

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